Universal Display Corp \Pa\ (OLED) Operating Leases (2021 - 2023)
Universal Display Corp \Pa\ (OLED) posted Operating Leases of $6.7 million for Q4 2023, down 7.73% on a QoQ basis from $7.2 million in Q4 2022, and down 7.73% year-over-year from $7.2 million in Q4 2022.
Analysis
Universal Display Corp \Pa\ (OLED) Operating Leases (2021 - 2023) Analysis & Trends
Universal Display Corp \Pa\ has reported Operating Leases for 3 years, with the latest figure at $6.7 million in Q4 2023.
- On a quarterly basis, Operating Leases fell 7.73% year-over-year to $6.7 million in Q4 2023; TTM through Dec 2023 was $6.7 million, a 7.73% decrease from a year earlier, with the FY2023 full-year figure at $6.7 million, down 7.73% from the prior year.
- Operating Leases was $6.7 million for Q4 2023 at Universal Display Corp \Pa\, down from $7.2 million in the prior quarter.
- The five-year high for Operating Leases was $7.2 million in Q4 2022, with the low at $5.4 million in Q4 2021.
- Average Operating Leases over 3 years is $6.4 million, with a median of $6.7 million recorded in 2023.
- The sharpest annual moves came in 2022 and 2023: Operating Leases jumped 34.89% in 2022, then fell 7.73% in 2023.
- Over 3 years, Operating Leases stood at $5.4 million in 2021, then surged by 34.89% to $7.2 million in 2022, then declined by 7.73% to $6.7 million in 2023.
- The last three Operating Leases figures came in at $6.7 million (Q4 2023), $7.2 million (Q4 2022), and $5.4 million (Q4 2021), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Entegris | 21.40 Bn | 21.04 Bn | 420.00 Mn |
| 2 | Axt | 4.01 Bn | 3.23 Bn | 21.37 Mn |
| 3 | Universal Display Corp \Pa\ | 3.89 Bn | 3.42 Bn | 115.37 Mn |
| 4 | Photronics | 1.68 Bn | 1.05 Bn | 65.76 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2023 | 6.67 Mn |
| Dec 31, 2022 | 7.23 Mn |
| Dec 31, 2021 | 5.36 Mn |